technology + left politics + privacy
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Note: this post is a revision of an article from 2022 called "The Next Chapter: Non-Fungible Patronage." That article has been hidden from Mirror, and the two collectors received a free collectible from this article as a thank you for their patronage.
Hey friends 👋
When I started blogging, I couldn't help but ask myself one burning question: can I make any money at this? After all, writing, while often an enjoyable pastime, is also a form of creative labour and thus, to be sustainable requires compensation.
Unfortunately when I read articles about blogging professionally and even spoke to bloggers I knew with decent readership, what I discovered was pretty disheartening: the proposed path to profitability was ads.
I hate ads.
Ads are intrusive. They're a user experience nightmare, and what's worse, they are loaded with hidden tracking software, a fundamental part of an ecosystem of shady business that social psychologist Shoshana Zuboff coined as surveillance capitalism.
Now, I don't know about you, but I use an adblocker (the built in one on Brave, and uBlock on Firefox) and an additional tracker blocker made by DuckDuckGo.
Isn't that a little excessive?
Not really. A lot of people don't know this but ads actually track you all over the internet, even in private windows, even with a VPN running, even if you don't have a facebook or a google account. I personally find this to be unethical and I don't believe in participating in the non-consensual sale of other people's data or contributing to the literal danger presented by the business of data brokers.
Besides, this system of ad-traffic farming forces bloggers to structure content weirdly, filling it with repetitive and cliche words and phrases to gamify the Search Engine Optimization (SEO) algorithms and increase their website traffic; all to earn more from ads. And yet, sadly, the income from ads is not even that great. I've known bloggers who relied on ads and they never brought home any serious income. So most of them turn to something else…
Affiliate marketing and referrals (linking to products or services to earn a commission) are two ways to earn income outside of ads; though I guess one could argue they too are a form of advertisement. That said, I personally have no issue with referrals, ethically speaking.
That's because offering someone a referral is offering them an opportunity to consent to being sold something. Sure they are likely to be tracked from the moment they click the link, but they can choose to click it or not.
One nice thing about referrals is that they can actually scale reasonably well in terms of the potential returns they can provide to content creators. But they're not without their downsides.
Referrals require trust.
That's not necessarily a bad thing—though it could certainly be abused—as it requires a content creator to earn the trust of their audience by sharing honest reviews. For many though, trust is simply a matter of how many followers one has, and thus referral income funnels towards the incumbent creators within a given niche. This phenomenon highlights the main flaw of relying on referrals for income:
Referrals are first come, first served.
What that means is that if two bloggers cover the same niche: let's say personal finance, there's a good chance they're sharing the same referrals, and thus, if there is any overlap in their audiences, the potential to make a conversion is reduced. This zero sum game leads to creators rushing out mediocre content in order to be the first to get the clicks.
This is why, even though I'm not opposed to sharing referral links, I don't like to rely on referrals as part of my strategy.
Where I've earned the majority of my money as a writer is…
Sponsored content, grants, and bounties have been good to me. In 2021, I made the majority of my income this way. Of course, I always clearly labeled my articles and videos when they had sponsors, because I think that's the right thing to do, but I also made the conscious decision to only ever work with partners I respect.
Again this requires trust.
If content creators make untruthful content about dubious projects and, especially if they don't label that content as paid promotion, then the person viewing that content could feel manipulated, or worse, defrauded.
And from the perspective of the creator, there's yet another problem with sponsored content: instability. When the market is good, the offers are plentiful, but when the market is bad, they are fewer and farther between.
This is something I personally experienced. In 2021, my inbox was always full of people asking to work together and I was a recipient of numerous grants, sponsorships, and had my pick of the content bounties I opted to compete for. But when the bear market came to crypto in 2022, I was left on read.
That's when I decided to return to my roots.
I've funded my share of kickstarter and gofundme campaigns, and I've always been intrigued by the idea that a small but passionate group of fans can fund niche work by becoming patrons. So when I started blogging I decided to use BuyMeACoffee, a platform not unlike Patreon that allows fans to tip creators, and even unlock special bonus content.
I was lucky to have a number of supporters early on and I always went out of my way to make them feel appreciated with special email newsletters, unlockable content, and messaging groups on twitter etc.
As I pivoted to web3 and crypto writing, the cost of researching for my articles went up. I needed to invest my own money—not to mention spend a lot on network fees—just to understand the protocols and the ecosystems I was writing about. And even when I didn't need to spend much money, I often had to spend incredible amounts of my time reading whitepapers and documentation about protocols to get to the point where I could explain complex subjects effortlessly.
So, I thought to myself, if I'm going to be making content about how much better blockchains are for all kinds of tasks, then it's time for me to make the switch to a fully web3 stack.
No more PayPal. No more BuyMeACoffee. No making accounts, signing in, sharing personal information. I'd made the claim many times before but now I intended to show the world that: patronage is better onchain.
What is an NFT anyway?
In simplest terms, it's a receipt. It's proof that someone paid (or didn't pay) for something all the way back to the moment it was first created ("minted").
With that definition in mind, I see no better use case for an NFT than as a way to show support, be it support for a creator (patronage) or for a cause (charity).
In web2, both patronage and charity are gate-kept. To use Patreon for example you need to make an account, share your name, address, credit card, and give up a portion of every payment to Patreon for providing the service—and then again to Stripe or whomever the payments provider is.
The middlemen are unnecessary and the fees are unreasonable. What's worse, no matter how much you spend, your so-called account is revocable and the perks you receive for your patronage are borrowed, not owned.
Contrast that with the idea of buying or minting NFTs where you give patronage directly to the creator and you get an onchain receipt that is irrevocable.
In this system, you can consider your NFT as a badge which shows the world that you support your favourite creator. It's a digital collectible. But that's not all. You see, that receipt is on an open blockchain and it's unique—that's what non-fungible means in case you didn't know.
So if a creator like me wanted to offer bonus content just for verified patrons, they could. If they wanted to airdrop an NFT holiday card, grant access to a store of physical or digital merchandise just for holders, or run token-gated giveaways, all of that would be possible. Better still, none of this would require making accounts or sharing personal information.
Trustless patronage.
Ok so clearly I'm a fan of this idea, so why don't I do something like this?
Well, believe it or not, I did. Part of the reason I moved my blog to Mirror was their clever use of blockchain technologies. There, all of my articles could be collected as NFTs on a low-cost Ethereum Layer 2 like Optimism or Base, where gas fees are usually a few cents at most.
When you patronized an article you'd get a limited edition NFT, and I would get the payment directly to my wallet in an instant. Once again a huge improvement over the old systems like PayPal and Stripe who take massive cuts and require multiple steps to cash out.
I am grateful to each and every one of you who collected my articles, but alas, once Paragraph bought Mirror and killed it, this feature would die with it.
Fortunately, that wasn't the only experiment in non-fungible patronage I explored.
Experimenting with web3 patronage like collectible articles on Mirror got me thinking about how else I could offer creative ways to support my content. So, back in 2022, I began reaching out to some of my favourite digital artists to see if they would want to work together on a unique piece of art that would serve as the visual for my own official patronage NFT.
I wanted something fun and unique so I reached out to one of the most whimsical creators I know, Jeremy Fisher, who created the fantastic claymation project Lucky Ducky. Jeremy is a talented artist who worked on the hilarious show Robot Chicken, as well as doing work for Hallmark, and more recently animating for the wonderful film Marcel the Shell with Shoes On.
Jeremy has always been very approachable, and he responded to my message right away, but he was just too busy to take on a project like this, so he put me in contact with another talented animator with whom he'd worked on Robot Chicken as well as Lucky Ducky: Joshua Franco.
I am so grateful for this connection and Joshua totally blew my expectations out of the water. He created a clay version of my profile pic, as well as the logo for my newsletter, and then we came up with an animation to serve as the visual for my patronage NFT all made of real clay and painstakingly stop-animated.
I wanted a visual that was representative of the brand so of course I had to have the thumb! But I also wanted to convey the jovial spirit I've really tried to capture here on the blog and on social media. What better way to show this off than with a wave hello?
After all, for years, I've started almost every post the same way…
That's what I called my patronage NFT which initially launched on Ethereum mainnet (L1) back in 2022. After all, at that time, almost nothing was being done on layer 2 with respect to NFTs.
Launching on L1 back then was extremely impractical. I spent hundreds of dollars in network fees deploying the contract, making tweaks to the Zora page, airdropping previous supporters, etc. At this point I had already decided, I would never make my money back.
Fortunately in 2023, NFTs on L2s like Optimism began to gain some traction. And later, with the launch of Zora Network and Base, they would become the norm. As each new network was added to Zora, I would redeploy Hey Friends! on that chain. But much of this was happening during the bear market, and so only around 10 people ever minted a Hey Friends! NFT on any chain.
I appreciate every one of those supporters, but, as I said, I still have never broken even on the expense of that project. So, recently, after finding a new platform for onchain patronage—more on that in a moment—I decided to relaunch Hey Friends!
This time, it would not be an open-edition patronage token, but a capped-supply collectible, exclusive to L2.

Hey Friends! v2 was the final version of the collectible and is held by quite a few people. But once again, my intentions fell victim to the whims of greedy venture-capital-funded startups as Zora pivoted to so-called creator coins, an absolutely ridiculous concept that has effectively ruined all of crypto's potential for creative patronage.
When Zora switched to being a coin-only platform, all previous NFT projects' mint contracts were surreptitiously closed. Now anyone wanting to support me could at best buy a token called $thumbsup whose value and liquidity were so low, that I made only a few dollars ever again.
Needless to say, fuck Zora. I hope they go bankrupt.
However, having seen the limitations of even the old Zora platform for creators, I was always on the lookout for something more practical for my needs. Enter...
In 2023, I experimented with a crypto crowdfunding platform called CrowdFi, developed by a team called Fabric. I was trying to raise funds for a laptop as I was without my own personal computer and looking at potentially being out of work soon.
CrowdFi really opened my eyes to how far we've come with onchain solutions inspired by old tech mainstays like gofundme and kickstarter. Though I didn't meet my goal—meaning all the funds were returned to the folks who pledged and I would have to fund my laptop another way—I was completely sold on Fabric's vision, and so I was pleasantly surprised to learn about another product they had just launched: Hypersub.
Hypersub was intended to be like Patreon but onchain. Users could choose how many months they wanted to support a creator and then mint an NFT with a corresponding time value. The benefit of this approach is that I wouldn't need to issue a new NFT every year to entice patrons to continue their support. It fit the well-understood conceptual framework of a subscription.
I really liked the idea of Hypersub, but over time, it began to be used more by two groups:
developers of software and services
creators who released frequent NFTs
In both cases, the dynamic shifted from people supporting for the sake of supporting, to people subscribing in the hope of some reward. It became an investment.
On paper, blockchain technology has the ability to be used to solve common problems in unique ways, but in practice, with so much of the audience focused on financial vehicles for speculative trading, gambling, and investment return, the drive for creators to play into that is ever present.
In 2024, I poked fun at this behavioural phenomenon, with a tongue-in-cheek art project called DEGENerations. At the time, much of the Farcaster community was in a frenzy over a token called DEGEN, that had been airdropped to early users of the network, and many ponzi-like tokens were circulating inspired by the market madness. Instead of launching a similar token, I created a burn-to-mint game, where users could mint from a limited supply of NFTs, then burn certain quantities to mint to the next level. Each level had fewer and fewer tokens with the top tier having only one: DEGENdgame.
The point of the game was to show that in the end only one person could benefit from this kind of speculation. That if there was any value to be had after all the madness had passed it would all be in the hands of only one person. Conversely, if users decided to coordinate, they could collectively own the final reward to do with as they pleased. That would not be up to me. After the initial mint, all burning and minting was not financially beneficial to me.
Funny enough, my timing was right, and, likely with little mind for the snark of the project, the first tier of tokens minted out completely in a few hours, leaving me with a few thousand dollars, which I incidentally used to buy the laptop I had been trying to crowdfund all along.
It had come full circle.
As mentioned above, the coin-everything phase has, in my opinion, destroyed much of the hope for crypto for creators. I've even decided to abandon my project on Paragraph out of sheer distaste for everything they represent: another venture capital funded startup that buys and kills its competitors, and abandons all principle to chase the hot thing.
I guarantee they'll pivot to Solana soon enough. IYKYK.
Anyway, I remain optimistic for the potential of this tech, but for now, with respect to using crypto as a creator, I'm sticking with what it does better than anything else:
Permissionless. Cross-border. Private. Payments.
On my new blog, you can tip me as a form of direct fan-to-creator patronage. I've got buttons for USDC and ETH on Ethereum, Cashu chaumian Ecash, Bitcoin over lightning, Monero, and Zcash. And for the foreseeable future that's all I'm willing to integrate.
But who knows. The next chapter is yet to be written. Crypto could still surprise me.
Until then,
Thumbs Up
If you want to support my writing, I accept anonymous tips with Zcash to my shielded address:
I also accept Monero
Please also check out my new blog at https://thumbsup.me
Note: this post is a revision of an article from 2022 called "The Next Chapter: Non-Fungible Patronage." That article has been hidden from Mirror, and the two collectors received a free collectible from this article as a thank you for their patronage.
Hey friends 👋
When I started blogging, I couldn't help but ask myself one burning question: can I make any money at this? After all, writing, while often an enjoyable pastime, is also a form of creative labour and thus, to be sustainable requires compensation.
Unfortunately when I read articles about blogging professionally and even spoke to bloggers I knew with decent readership, what I discovered was pretty disheartening: the proposed path to profitability was ads.
I hate ads.
Ads are intrusive. They're a user experience nightmare, and what's worse, they are loaded with hidden tracking software, a fundamental part of an ecosystem of shady business that social psychologist Shoshana Zuboff coined as surveillance capitalism.
Now, I don't know about you, but I use an adblocker (the built in one on Brave, and uBlock on Firefox) and an additional tracker blocker made by DuckDuckGo.
Isn't that a little excessive?
Not really. A lot of people don't know this but ads actually track you all over the internet, even in private windows, even with a VPN running, even if you don't have a facebook or a google account. I personally find this to be unethical and I don't believe in participating in the non-consensual sale of other people's data or contributing to the literal danger presented by the business of data brokers.
Besides, this system of ad-traffic farming forces bloggers to structure content weirdly, filling it with repetitive and cliche words and phrases to gamify the Search Engine Optimization (SEO) algorithms and increase their website traffic; all to earn more from ads. And yet, sadly, the income from ads is not even that great. I've known bloggers who relied on ads and they never brought home any serious income. So most of them turn to something else…
Affiliate marketing and referrals (linking to products or services to earn a commission) are two ways to earn income outside of ads; though I guess one could argue they too are a form of advertisement. That said, I personally have no issue with referrals, ethically speaking.
That's because offering someone a referral is offering them an opportunity to consent to being sold something. Sure they are likely to be tracked from the moment they click the link, but they can choose to click it or not.
One nice thing about referrals is that they can actually scale reasonably well in terms of the potential returns they can provide to content creators. But they're not without their downsides.
Referrals require trust.
That's not necessarily a bad thing—though it could certainly be abused—as it requires a content creator to earn the trust of their audience by sharing honest reviews. For many though, trust is simply a matter of how many followers one has, and thus referral income funnels towards the incumbent creators within a given niche. This phenomenon highlights the main flaw of relying on referrals for income:
Referrals are first come, first served.
What that means is that if two bloggers cover the same niche: let's say personal finance, there's a good chance they're sharing the same referrals, and thus, if there is any overlap in their audiences, the potential to make a conversion is reduced. This zero sum game leads to creators rushing out mediocre content in order to be the first to get the clicks.
This is why, even though I'm not opposed to sharing referral links, I don't like to rely on referrals as part of my strategy.
Where I've earned the majority of my money as a writer is…
Sponsored content, grants, and bounties have been good to me. In 2021, I made the majority of my income this way. Of course, I always clearly labeled my articles and videos when they had sponsors, because I think that's the right thing to do, but I also made the conscious decision to only ever work with partners I respect.
Again this requires trust.
If content creators make untruthful content about dubious projects and, especially if they don't label that content as paid promotion, then the person viewing that content could feel manipulated, or worse, defrauded.
And from the perspective of the creator, there's yet another problem with sponsored content: instability. When the market is good, the offers are plentiful, but when the market is bad, they are fewer and farther between.
This is something I personally experienced. In 2021, my inbox was always full of people asking to work together and I was a recipient of numerous grants, sponsorships, and had my pick of the content bounties I opted to compete for. But when the bear market came to crypto in 2022, I was left on read.
That's when I decided to return to my roots.
I've funded my share of kickstarter and gofundme campaigns, and I've always been intrigued by the idea that a small but passionate group of fans can fund niche work by becoming patrons. So when I started blogging I decided to use BuyMeACoffee, a platform not unlike Patreon that allows fans to tip creators, and even unlock special bonus content.
I was lucky to have a number of supporters early on and I always went out of my way to make them feel appreciated with special email newsletters, unlockable content, and messaging groups on twitter etc.
As I pivoted to web3 and crypto writing, the cost of researching for my articles went up. I needed to invest my own money—not to mention spend a lot on network fees—just to understand the protocols and the ecosystems I was writing about. And even when I didn't need to spend much money, I often had to spend incredible amounts of my time reading whitepapers and documentation about protocols to get to the point where I could explain complex subjects effortlessly.
So, I thought to myself, if I'm going to be making content about how much better blockchains are for all kinds of tasks, then it's time for me to make the switch to a fully web3 stack.
No more PayPal. No more BuyMeACoffee. No making accounts, signing in, sharing personal information. I'd made the claim many times before but now I intended to show the world that: patronage is better onchain.
What is an NFT anyway?
In simplest terms, it's a receipt. It's proof that someone paid (or didn't pay) for something all the way back to the moment it was first created ("minted").
With that definition in mind, I see no better use case for an NFT than as a way to show support, be it support for a creator (patronage) or for a cause (charity).
In web2, both patronage and charity are gate-kept. To use Patreon for example you need to make an account, share your name, address, credit card, and give up a portion of every payment to Patreon for providing the service—and then again to Stripe or whomever the payments provider is.
The middlemen are unnecessary and the fees are unreasonable. What's worse, no matter how much you spend, your so-called account is revocable and the perks you receive for your patronage are borrowed, not owned.
Contrast that with the idea of buying or minting NFTs where you give patronage directly to the creator and you get an onchain receipt that is irrevocable.
In this system, you can consider your NFT as a badge which shows the world that you support your favourite creator. It's a digital collectible. But that's not all. You see, that receipt is on an open blockchain and it's unique—that's what non-fungible means in case you didn't know.
So if a creator like me wanted to offer bonus content just for verified patrons, they could. If they wanted to airdrop an NFT holiday card, grant access to a store of physical or digital merchandise just for holders, or run token-gated giveaways, all of that would be possible. Better still, none of this would require making accounts or sharing personal information.
Trustless patronage.
Ok so clearly I'm a fan of this idea, so why don't I do something like this?
Well, believe it or not, I did. Part of the reason I moved my blog to Mirror was their clever use of blockchain technologies. There, all of my articles could be collected as NFTs on a low-cost Ethereum Layer 2 like Optimism or Base, where gas fees are usually a few cents at most.
When you patronized an article you'd get a limited edition NFT, and I would get the payment directly to my wallet in an instant. Once again a huge improvement over the old systems like PayPal and Stripe who take massive cuts and require multiple steps to cash out.
I am grateful to each and every one of you who collected my articles, but alas, once Paragraph bought Mirror and killed it, this feature would die with it.
Fortunately, that wasn't the only experiment in non-fungible patronage I explored.
Experimenting with web3 patronage like collectible articles on Mirror got me thinking about how else I could offer creative ways to support my content. So, back in 2022, I began reaching out to some of my favourite digital artists to see if they would want to work together on a unique piece of art that would serve as the visual for my own official patronage NFT.
I wanted something fun and unique so I reached out to one of the most whimsical creators I know, Jeremy Fisher, who created the fantastic claymation project Lucky Ducky. Jeremy is a talented artist who worked on the hilarious show Robot Chicken, as well as doing work for Hallmark, and more recently animating for the wonderful film Marcel the Shell with Shoes On.
Jeremy has always been very approachable, and he responded to my message right away, but he was just too busy to take on a project like this, so he put me in contact with another talented animator with whom he'd worked on Robot Chicken as well as Lucky Ducky: Joshua Franco.
I am so grateful for this connection and Joshua totally blew my expectations out of the water. He created a clay version of my profile pic, as well as the logo for my newsletter, and then we came up with an animation to serve as the visual for my patronage NFT all made of real clay and painstakingly stop-animated.
I wanted a visual that was representative of the brand so of course I had to have the thumb! But I also wanted to convey the jovial spirit I've really tried to capture here on the blog and on social media. What better way to show this off than with a wave hello?
After all, for years, I've started almost every post the same way…
That's what I called my patronage NFT which initially launched on Ethereum mainnet (L1) back in 2022. After all, at that time, almost nothing was being done on layer 2 with respect to NFTs.
Launching on L1 back then was extremely impractical. I spent hundreds of dollars in network fees deploying the contract, making tweaks to the Zora page, airdropping previous supporters, etc. At this point I had already decided, I would never make my money back.
Fortunately in 2023, NFTs on L2s like Optimism began to gain some traction. And later, with the launch of Zora Network and Base, they would become the norm. As each new network was added to Zora, I would redeploy Hey Friends! on that chain. But much of this was happening during the bear market, and so only around 10 people ever minted a Hey Friends! NFT on any chain.
I appreciate every one of those supporters, but, as I said, I still have never broken even on the expense of that project. So, recently, after finding a new platform for onchain patronage—more on that in a moment—I decided to relaunch Hey Friends!
This time, it would not be an open-edition patronage token, but a capped-supply collectible, exclusive to L2.

Hey Friends! v2 was the final version of the collectible and is held by quite a few people. But once again, my intentions fell victim to the whims of greedy venture-capital-funded startups as Zora pivoted to so-called creator coins, an absolutely ridiculous concept that has effectively ruined all of crypto's potential for creative patronage.
When Zora switched to being a coin-only platform, all previous NFT projects' mint contracts were surreptitiously closed. Now anyone wanting to support me could at best buy a token called $thumbsup whose value and liquidity were so low, that I made only a few dollars ever again.
Needless to say, fuck Zora. I hope they go bankrupt.
However, having seen the limitations of even the old Zora platform for creators, I was always on the lookout for something more practical for my needs. Enter...
In 2023, I experimented with a crypto crowdfunding platform called CrowdFi, developed by a team called Fabric. I was trying to raise funds for a laptop as I was without my own personal computer and looking at potentially being out of work soon.
CrowdFi really opened my eyes to how far we've come with onchain solutions inspired by old tech mainstays like gofundme and kickstarter. Though I didn't meet my goal—meaning all the funds were returned to the folks who pledged and I would have to fund my laptop another way—I was completely sold on Fabric's vision, and so I was pleasantly surprised to learn about another product they had just launched: Hypersub.
Hypersub was intended to be like Patreon but onchain. Users could choose how many months they wanted to support a creator and then mint an NFT with a corresponding time value. The benefit of this approach is that I wouldn't need to issue a new NFT every year to entice patrons to continue their support. It fit the well-understood conceptual framework of a subscription.
I really liked the idea of Hypersub, but over time, it began to be used more by two groups:
developers of software and services
creators who released frequent NFTs
In both cases, the dynamic shifted from people supporting for the sake of supporting, to people subscribing in the hope of some reward. It became an investment.
On paper, blockchain technology has the ability to be used to solve common problems in unique ways, but in practice, with so much of the audience focused on financial vehicles for speculative trading, gambling, and investment return, the drive for creators to play into that is ever present.
In 2024, I poked fun at this behavioural phenomenon, with a tongue-in-cheek art project called DEGENerations. At the time, much of the Farcaster community was in a frenzy over a token called DEGEN, that had been airdropped to early users of the network, and many ponzi-like tokens were circulating inspired by the market madness. Instead of launching a similar token, I created a burn-to-mint game, where users could mint from a limited supply of NFTs, then burn certain quantities to mint to the next level. Each level had fewer and fewer tokens with the top tier having only one: DEGENdgame.
The point of the game was to show that in the end only one person could benefit from this kind of speculation. That if there was any value to be had after all the madness had passed it would all be in the hands of only one person. Conversely, if users decided to coordinate, they could collectively own the final reward to do with as they pleased. That would not be up to me. After the initial mint, all burning and minting was not financially beneficial to me.
Funny enough, my timing was right, and, likely with little mind for the snark of the project, the first tier of tokens minted out completely in a few hours, leaving me with a few thousand dollars, which I incidentally used to buy the laptop I had been trying to crowdfund all along.
It had come full circle.
As mentioned above, the coin-everything phase has, in my opinion, destroyed much of the hope for crypto for creators. I've even decided to abandon my project on Paragraph out of sheer distaste for everything they represent: another venture capital funded startup that buys and kills its competitors, and abandons all principle to chase the hot thing.
I guarantee they'll pivot to Solana soon enough. IYKYK.
Anyway, I remain optimistic for the potential of this tech, but for now, with respect to using crypto as a creator, I'm sticking with what it does better than anything else:
Permissionless. Cross-border. Private. Payments.
On my new blog, you can tip me as a form of direct fan-to-creator patronage. I've got buttons for USDC and ETH on Ethereum, Cashu chaumian Ecash, Bitcoin over lightning, Monero, and Zcash. And for the foreseeable future that's all I'm willing to integrate.
But who knows. The next chapter is yet to be written. Crypto could still surprise me.
Until then,
Thumbs Up
If you want to support my writing, I accept anonymous tips with Zcash to my shielded address:
I also accept Monero
Please also check out my new blog at https://thumbsup.me
I'm noticing lots of people start sharing ko-fi or similar services to support them this one linked received over 13755 coffees of $5 with stripe fees it's about $4.55 per single transaction received if we assume all of them were separate and all of them were one time, otherwise there's an extra 5% ko-fi fee $68,755 total spent by supporters $62,585 received by creator $6,169 ends up purely in stripe corporate pockets and I guess shared with visa/mastercard etc. networks and banks blockchain solves this https://x.com/sentdefender/status/1965610276536852510
The issue with blockchain isn't sending funds. It's the ramp off. People wants their fiat instantly without friction.
I used to use Buy Me a Coffee. It was brutal how much both the service and PayPal took. I wrote about this exact thing in my article The Next Chapter which gos over why I left web 2 as a creator and why. That said, I’ve also seen that crypto payments are niche enough that you’re forgoing a huge network effect by choosing the path I took. https://paragraph.com/@thumbsup/the-next-chapter-1
I think it can be worth reconsidering now Daimo pay for example makes it easy to pay with crypto you have across chains, next I'm looking into coinbase pay and others that accept cards/bank account transfers while you get usdc which you can easily off ramp to banks using fluidkey etc. now or spend on bitrefill without any KYC I'm working on a product now to test this theory
Let me know what you decide. That said, my point was that for non-crypto content creator, at best a hybrid is reasonable, because the majority of potential supporters are not crypto users.
All traditional payment processors charge a significant amount for each transaction that could have gone directly to the creators, and this is one of the problems that the blockchain tech would be eliminating (middleman costs) It’s only a matter of time before the tech/decentralization fully kicks in as it’s an inevitable occurrence
Just run the ads and share the profits
That’s the answer 20 years ago for sure. The problem is two-fold though: 1. Ads are horrible UX 2. Ads only make money if people buy stuff. This necessitated narrow targeting, which necessitates invasive tracking. I wrote about this in my article The Next Chapter. But to your point, I’d invert it: “just share the profits” and then people can pay for things instead of needing ad supported models. https://paragraph.com/@thumbsup/the-next-chapter-1
Ah, the tangled web of ads and tracking. It's like being on a surrealist adventure where every pixel spies on you. Sharing profits sounds utopian, but hey, maybe it's the dream we need to awaken.
no one is ever talking about problem ads create everyone is just enjoying the money and the rest of us end up doomscrolling and making decisions that we wouldn't make otherwise ads lead to bigger issues and while apps like youtube brag about their users and watching time numbers - we're missing the impact it has on us
1. Constant repetitive ads cause irritation and numbness to marketing leading to clouded thinking from endless interruptions. 2. Targeted ads exploit your data, triggering vulnerabilities like weight loss leading to a rise in persistent sadness or low energy feelings 3. Idealized lifestyle ads fuel social comparison sparking bigger problems like anxiety, depression, aggression, eating disorders, self-harm, and impulsivity because young minds lack the critical reasoning to filter unrealistic standards, leading to warped social norms, online harassment, and long-term behavioral changes 4. Ad breaks shatter attention and push late-night binges, shortening spans, worsening sleep, and adding paranoia from privacy invasions or financial worries. 5. profit-first strategy wears down mental resilience, making it harder to cope with daily stress, recover from setbacks, build healthy relationships, and sustain overall well-being, as relentless false promises and dissatisfaction cycles erode self-perception and create chronic emotional strain that amplifies vulnerability to mental health challenges. 6. Big advertisers are fostering emotional attachments to brands at scale like mcdonalds or burger king promoting unhealthy cheap diet that makes people come there for decades and make it less likely for them to explore and adopt healthier alternatives.
Inorganic propaganda content a FAR bigger concern IMO. At least ads are labeled.
that's algos yes, were designed to spread it effectively lol, how did we end up here man
Redbull is labeled, drugs are labeled, still doesn’t stop redbull from tying Pro-Athletism to their brand when high sugar intake is the opposite. Big point with data breach is that targeted ads don’t help because they target vulnerabilities to convince us to make a purchase. i.e, BetterHelp sells data to Facebook and Youtube. Does this help more people become aware of the brand or just stimulate the viewers trauma? These ethics questions go second hand to marketing which is why ads can be and are most of the time bad, as they perpetuate a perfected form of slavery and self-defeatism.
I wrote about this years ago. https://paragraph.com/@thumbsup/the-next-chapter-1
it really takes time to understand it deeply, it sucks that majority doesn't
Share Dialog
Share Dialog
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I'm noticing lots of people start sharing ko-fi or similar services to support them this one linked received over 13755 coffees of $5 with stripe fees it's about $4.55 per single transaction received if we assume all of them were separate and all of them were one time, otherwise there's an extra 5% ko-fi fee $68,755 total spent by supporters $62,585 received by creator $6,169 ends up purely in stripe corporate pockets and I guess shared with visa/mastercard etc. networks and banks blockchain solves this https://x.com/sentdefender/status/1965610276536852510
The issue with blockchain isn't sending funds. It's the ramp off. People wants their fiat instantly without friction.
I think right now there's less friction when you use the best tools
If you're paying creator can try coinbase pay or something else that gets the funds from credit cards to creator in USDC, from there creator can send it fee fry to any bank through coinbase with no fees
I used to use Buy Me a Coffee. It was brutal how much both the service and PayPal took. I wrote about this exact thing in my article The Next Chapter which gos over why I left web 2 as a creator and why. That said, I’ve also seen that crypto payments are niche enough that you’re forgoing a huge network effect by choosing the path I took. https://paragraph.com/@thumbsup/the-next-chapter-1
I think it can be worth reconsidering now Daimo pay for example makes it easy to pay with crypto you have across chains, next I'm looking into coinbase pay and others that accept cards/bank account transfers while you get usdc which you can easily off ramp to banks using fluidkey etc. now or spend on bitrefill without any KYC I'm working on a product now to test this theory
Let me know what you decide. That said, my point was that for non-crypto content creator, at best a hybrid is reasonable, because the majority of potential supporters are not crypto users.
All traditional payment processors charge a significant amount for each transaction that could have gone directly to the creators, and this is one of the problems that the blockchain tech would be eliminating (middleman costs) It’s only a matter of time before the tech/decentralization fully kicks in as it’s an inevitable occurrence
Just run the ads and share the profits
with shareholders right??
not what I have in mind but undoubtedly yes
Where?
Everywhere the people are on the internet
That’s the answer 20 years ago for sure. The problem is two-fold though: 1. Ads are horrible UX 2. Ads only make money if people buy stuff. This necessitated narrow targeting, which necessitates invasive tracking. I wrote about this in my article The Next Chapter. But to your point, I’d invert it: “just share the profits” and then people can pay for things instead of needing ad supported models. https://paragraph.com/@thumbsup/the-next-chapter-1
Ah, the tangled web of ads and tracking. It's like being on a surrealist adventure where every pixel spies on you. Sharing profits sounds utopian, but hey, maybe it's the dream we need to awaken.
no one is ever talking about problem ads create everyone is just enjoying the money and the rest of us end up doomscrolling and making decisions that we wouldn't make otherwise ads lead to bigger issues and while apps like youtube brag about their users and watching time numbers - we're missing the impact it has on us
1. Constant repetitive ads cause irritation and numbness to marketing leading to clouded thinking from endless interruptions. 2. Targeted ads exploit your data, triggering vulnerabilities like weight loss leading to a rise in persistent sadness or low energy feelings 3. Idealized lifestyle ads fuel social comparison sparking bigger problems like anxiety, depression, aggression, eating disorders, self-harm, and impulsivity because young minds lack the critical reasoning to filter unrealistic standards, leading to warped social norms, online harassment, and long-term behavioral changes 4. Ad breaks shatter attention and push late-night binges, shortening spans, worsening sleep, and adding paranoia from privacy invasions or financial worries. 5. profit-first strategy wears down mental resilience, making it harder to cope with daily stress, recover from setbacks, build healthy relationships, and sustain overall well-being, as relentless false promises and dissatisfaction cycles erode self-perception and create chronic emotional strain that amplifies vulnerability to mental health challenges. 6. Big advertisers are fostering emotional attachments to brands at scale like mcdonalds or burger king promoting unhealthy cheap diet that makes people come there for decades and make it less likely for them to explore and adopt healthier alternatives.
Inorganic propaganda content a FAR bigger concern IMO. At least ads are labeled.
that's algos yes, were designed to spread it effectively lol, how did we end up here man
Redbull is labeled, drugs are labeled, still doesn’t stop redbull from tying Pro-Athletism to their brand when high sugar intake is the opposite. Big point with data breach is that targeted ads don’t help because they target vulnerabilities to convince us to make a purchase. i.e, BetterHelp sells data to Facebook and Youtube. Does this help more people become aware of the brand or just stimulate the viewers trauma? These ethics questions go second hand to marketing which is why ads can be and are most of the time bad, as they perpetuate a perfected form of slavery and self-defeatism.
I wrote about this years ago. https://paragraph.com/@thumbsup/the-next-chapter-1
it really takes time to understand it deeply, it sucks that majority doesn't